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Today's Live Show: Focusing on the EUR and USD Ahead of ECB and Non−Farm Payrolls

Wed, Jul 1 2009, 17:05 GMT
by Ilian Yotov

AllThingsForex


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In the broadcast today: Focusing on the EUR and USD Ahead of ECB and Non-Farm Payrolls. We take a close look at the EUR and the USD ahead of the European Central Bank's interest rate announcement and the U.S. Non-Farm Payrolls and Employment Situation report, we analyze today's "soft" breakout for the EUR/USD pair and its impact on the future trend for the pair, we follow up on the USD/JPY pair after last night's Tankan Survey from the Bank of Japan, we analyze the market's reaction to the Chinese, the U.K. and the Euro-zone Manufacturing PMI and the U.S. ADP Employment Report and ISM Manufacturing Index, we discuss new forecasts from Mizuho Corporate Bank and UBS, and prepare for the busy trading session ahead.

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

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